It's interesting when an analyst thinks an ASX share is a buy. However, when multiple analysts place a buy rating on a particular business, it could be a signal to take a closer look.
The two companies that I'm about to highlight are some of the most highly rated opportunities on the ASX right now. That doesn't guarantee great returns, or even positive returns, but experts are clearly bullish on their potential.
Let's dive into two appealing ideas.
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WiseTech Global Ltd (ASX: WTC)
According to a collation of analyst ratings on this ASX share, there are currently 13 buy recommendations.
As the chart below shows, the WiseTech share price has dropped by close to 50% over the past year. Experts think this could be a good time to invest for a potential rebound.
Broker UBS describes WiseTech as a global technology company that develops, sells and implements software for logistics service providers in more than 165 countries. Its core platform is called CargoWise, which helps customers execute "highly complex logistics transactions" and manages operations on one global database. Its customers include most of the leading global freight forwarders and third-party logistic providers.
UBS currently has a price target of $115 on the business, suggesting it can rise 72% within a year (at the time of writing).
The broker thinks WiseTech is attractively priced compared to other US high-growth peers that operate on a software-as-a-service business model.
In FY26, UBS projects that WiseTech could generate US$1.4 billion of revenue and US$223 million of net profit.
Fast forward to FY30, and UBS sees revenue reaching US$2.6 billion and net profit reaching US$771 million. In other words, in four financial years time, revenue could grow 84% and net profit could surge 245%.
Collins Foods Ltd (ASX: CKF)
Collins Foods is another ASX share that's highly rated by analysts. According to the Commsec recommendation collation, there are currently eight buy ratings on the business.
One of the brokers that rates Collins Foods as a buy is UBS. This business is one of the largest KFC franchisee operators in Australia. It also has a growing presence in Germany and the Netherlands.
Unlike WiseTech, the Collins Foods share price has had a strong 12 months – it's up more than 40%, as the below chart shows. UBS thinks the fast food operator has more room for growth.
UBS currently has a price target of $13.10 on the business, suggesting the ASX share could rise 24% within the next year.
The broker believes that Collins Foods' value proposition is resonating with customers, with its KFC Australia network showing an improvement of like-for-like sales in the second half of the 2025 calendar year. Many other consumer-facing businesses did not see an improvement in comparable sales.
While conditions are challenging in Europe, UBS suggested that lower chicken costs (with a reversal of the avian flu impacts) and changes to VAT could help its European division deliver operating profit (EBITDA) growth. UBS said:
We continue to like the ongoing strength within the Australian KFC business, combined with the penetration opportunity within Germany.
The broker is forecasting that the ASX share could generate a compound annual growth rate (CAGR) for earnings per share (EPS) of 19%.
Despite that, the Collins Foods share price is trading at less than 21x FY26's estimated earnings.
UBS predicts that business could deliver an operating profit margin of 16% by FY31, with the "annualisation of strong value offerings giving some fixed cost operating leverage", the benefit of cost tailwinds (for chicken, potatoes and oil), ongoing improvement within outlets and "ongoing fractionalisation of head office costs from ongoing store roll-out."
Overall, things are looking very positive for this ASX share, though it's not only stock worth keeping an eye on.
